1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
statuscvo [17]
3 years ago
12

Scarcity is the most basic problem in economics true or false

Business
2 answers:
Sholpan [36]3 years ago
7 0
This is true, it is one of the most basic problems 
Rasek [7]3 years ago
5 0
True.

I hope this helps! :)
You might be interested in
What is the most important component in planning a special event as a way to both advocate for your programs and raise funds?
marysya [2.9K]
I think the answer is Strong leadership, because you can’t have a good event without the right evader
8 0
3 years ago
If a good is normal, then an increase in income will result in a(n) a. increase in the demand for the good. b. decrease in the d
andrew11 [14]

Answer:

a. increase in the demand for the good.

Explanation:

As we know that

In the case of normal goods, there is a positive relationship between the income and the quantity demand. If the income rises, the quantity demand is also rising and vice versa

But in the case of inferior goods, it shows an inverse relationship between the income and the quantity demand. If the income rises, the quantity demand is falling and vice versa

8 0
3 years ago
What is the first step when creating a 3-D range name?
Anton [14]

Answer:

C. Open the Name manager, and click New

Explanation:

3 0
3 years ago
On December 1 of Year 1, Jones, a self-employed cash basis taxpayer, took out a loan to use in her business. The loan principal
Phoenix [80]

Answer: $6,000

Explanation:

When expenses such as this interest expense are for 12 months or more, the deduction will need to be evenly spread over the period that they apply to. As the loan was to be repaid in 24 months, the interest payment deductions should be evenly spread over 24 months.

= 12,000/24

= $500

That means that for Year 2, the relevant deduction will be for the 12 months in it;

= 500 * 12

= $6,000

4 0
3 years ago
Which of the following statements is not correct?
Agata [3.3K]

Answer:

The correct answer is letter "C": Confirmation of cash should only be performed as of the balance statement date because the auditor expresses an opinion as of that date.

Explanation:

Confirmation of cash is an audit procedure in which specialists request the company to get in touch with its banker to verify the organization's balance. The procedure is not based only on the balance statement but according to the transactions the company has carried out regardless of the date.

6 0
3 years ago
Other questions:
  • Hollis industries produces flash drives for computers, which it sells for $20 each. each flash drive costs $13 of variable costs
    6·1 answer
  • societies use machinery and energy sources rather then humans and animals for production and __________ societies use the creati
    9·1 answer
  • One line for mother. ​
    6·1 answer
  • (3) Why is the medical arms race less a problem today than it once was?
    9·1 answer
  • Ty, the HR manager at Elrod Engines, is preparing a newly promoted employee for her role as a supervisor. In his experience, he
    7·1 answer
  • Discuss five ways negotiators can get along in order for their cultural background not to affect their bargaining process?
    5·1 answer
  • Kristi is considering an investment that will pay $5,000 a year for 7 years, starting one year from today. How much should she p
    13·1 answer
  • A sum of $46875 was lent out at simple interest and at the end of 1 year 8 months, the total amount was $50000. Find the rate of
    5·1 answer
  • Monopolies can earn positive economic profits in the long run while monopolistically competitive firms cannot due to
    13·1 answer
  • Dont write down but what does ENOLA spell backwards thank me if you got it right
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!